A $500 million eco-cube will house U.S. London Embassy in 2017

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Having outgrown its 1960 embassy, a Kennedy-era modernist design by Eero Saarinen, the U.S. State Department has decided that London is too important to build one of its conventional insults to local sensibilities.

Sometime in 2013, a glass cube rising 12 tall levels atop a shrubbery-fringed mound and estimated to cost $500 million will sprout on the south bank of the Thames, according to a Feb. 24 Bloomberg.com report.